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Questions (201)
Divide.
(20x2 – 12x + 8) ÷ (2x + 8) A. 10x minus 34 plus 280 over 2x minus 8 B. 10x plus 34 plus 280 over 2x minus 8 C. 10x
1 answer
76 views
How long after a recession has begun does it typically take the NBER to announce the recession's start date?
a. Between 4 and 21
3 answers
138 views
A recession is best described as
a. two quarters of negative growth of real GDP. b. a significant decline in economic activity
3 answers
174 views
Which organization is responsible for determining whether the economy is in recession?
a. The Federal Reserve b. U.S. Department
1 answer
165 views
A significant decline in general economic activity extended over a period of time is known as a(n)
a. recession. b. expansion. c.
3 answers
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A period when economic output decreases is known as a(n)
a. peak. b. expansion. c. contraction. d. business cycle.
1 answer
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How does employment typically change over the business cycle?
a. Employment rises during recessions and falls during expansions.
1 answer
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A period when economic output increases is known as a(n)
Question 2 options: a. recession. b. expansion. c. contraction. d.
1 answer
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The fluctuating levels of economic activity in an economy over a period of time measured from the beginning of
one recession to
1 answer
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can double yolks egg has babys
1 answer
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A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of
3 answers
167 views
How is the interest on reserve balances rate a reservation rate?
a. Banks should not demand a higher rate for their funds. b.
13 answers
166 views
8. Who is the present chairman of the Fed?
a. Janet Yellen b. Ben Bernanke c. Jerome Powell d. Alan Greenspan
5 answers
177 views
What role do open market operations play in monetary policy?
a. The Fed uses open market operations to move the federal funds
9 answers
202 views
Which best describes how the FOMC conducts monetary policy to increase employment during a recession to achieve its maximum
9 answers
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4. Which monetary policy tool serves as a ceiling for the federal funds rate?
a. Open market operations b. Interest on reserve
1 answer
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Which monetary policy tool is a supplementary tool that sets a floor for the federal funds rate?
a. Open market operations b.
1 answer
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Which monetary policy implementation tool is the primary tool the Fed uses to steer the federal funds rate into the FOMC’s
5 answers
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When the FOMC conducts monetary policy, it sets the target range for
a. federal funds rate. b. interest on reserve balances rate.
1 answer
208 views
How many languages do you understand?
13 answers
153 views
Suppose that the Fed conducts an open market operation to increase the money supply.
show the effect on the bond market.
11 answers
234 views
The state of the economy depicted at the right can be best described as having a recessionary gap.
draw a scenario depicting an
3 answers
228 views
Suppose that, initially, the U.S. economy was in an aggregate demand-aggregate supply equilibrium at point A along the
1 answer
242 views
A perpetual bond sells for $1,000 and will pay $98 a year forever. The Fed changes its policy and the interest rate
1 answer
192 views
shows how the Trading Desk's buying or selling of existing bonds could induce individuals and businesses to demand a smaller
9 answers
200 views
The reserve requirement is 10%.
Suppose that Jack transfers $30,000 from an account at First Bank to a checking
3 answers
276 views
Assume that the required reserve ratio is 20 percent. What is the total possible expansion of the money supply after a $ 400,000
3 answers
205 views
Suppose all banks have zero excess reserves. The Fed buys bonds for $1 million and a bond dealer deposits the check in his or
1 answer
293 views
Bank XYZ Balance Sheet
ASSETS: Total reserves= $3,800,000 Checkable deposits= $4,000,000 Required reserves= $800,000 Excess
13 answers
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M1 Money Stock=$18104.9
Retail Money Funds=$1041.9 Currency Component of M1=$2007.7 Total Savings Deposits at all Depository
11 answers
230 views
Using the data in the table, compute the M1 money stock. (Enter your responses rounded to one decimal place.)
Currency
5 answers
227 views
M1SL=$18,606.2 billion.
CURRSL=$2,236.47 billion. DEMDEPSL=$4,999.3 billion. MDLM=$11,370.5 billion. Based on the data
5 answers
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The table below indicates the current values of various money accounts. All figures are denominated in billions of dollars.
Curre
5 answers
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Money Account(in Billions): Currency=357
Checkable deposits=783 Traveler's checks=8 Small-denomination time deposits=875
5 answers
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Consider the following:
a. $50 billion in U.S. Treasury bills are included in-- M1 only, M2 only, both M1 and M2, neither
13 answers
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Consider the following items.
Part 2 A $1,000 balance in a transactions deposit at a mutual savings bank. This item is counted
15 answers
183 views
Currency =649
Savings and money market deposit accounts=3, 181 Small-denomination time deposits=1,579 Traveler's checks
3 answers
256 views
During the 1945-1946 Hungarian hyperinflation, when the rate of inflation reached 41.9 quadrillion percent per month,
5 answers
228 views
During the late 1970s, prices quoted in terms of the Israeli currency, the shekel, rose so fast that grocery stores
5 answers
126 views
Until 1946, residents of the island of Yap used large doughnut-shaped stones as financial assets. Although prices of goods
5 answers
143 views
how do I calculate numerical value of the multiplier?
3 answers
174 views
how do II caculate the marginal propensity to consume
1 answer
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what is a stock (S) or a flow (F).
1 answer
177 views
Automatic stabilizers
Part 2 A. require new legislation to be implemented. B. include the progressive income tax but not
3 answers
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a. A recession occurs, and government-funded unemployment compensation is paid to laid-off workers. This is an example
7 answers
232 views
fiscal policy correction that would bring the economy to full employment GDP. Properly label this line. Currently, the LRAS is
3 answers
198 views
fiscal policy correction that will bring the economy to full employment. Currently, the LRAS is on the right of the SRAS on the
1 answer
179 views
Suppose the government knows that the MPC is equal to 0.80 and that the amount of the horizontal distance that the AD curve had
3 answers
273 views
Suppose that the government determined that the amount by which the AD curve had to be shifted directly rightward from point E1
w
5 answers
254 views
If the marginal propensity to save equals 0.25 calculate the change in government spending that could eliminate the gap.
7 answers
133 views
The following equations describe consumption, investment, government spending, taxes, and net exports in the country of
5 answers
157 views
An economy's consumption function is depicted in the table below.
Disposable Income (Y Sd)($, billions): 0, 100, 200,
9 answers
254 views
An economy's consumption function is depicted in the table below.
Disposable Income (Y Sd)($, billions): 0, 100, 200,
7 answers
235 views
An economy's consumption function is depicted in the table below.
n econoDisposable Income (Yd)($ billions): 0, 120,
9 answers
239 views
Real GDP: 0, 2000, 4000, 6000, 8000, 10000
Consumption: 1000, 2500, 4000, 5500, 7000, 8500 Saving: -1000, -500, 0, 500, 1000,
5 answers
239 views
Complete the following table which depicts a hypothetical economy in which the marginal propensity to save is constant at all
26 answers
217 views
In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=250 + 0.8Y
.
7 answers
235 views
Consider the following table for a household's consumption expenditures and disposable income.
income:0, 100, 200, 300, 400,
5 answers
181 views
A simple closed economy with no government has autonomous consumption expenditures of $80 million and a marginal propensity
5 answers
192 views
An economy's consumption function is depicted in the table below.
Disposable Income Y ($, billions): 0, 125, 250, 375, 500,
15 answers
332 views
Classify each of the following as either a stock (S) or a flow (F).
a. Myung Park earns $850 per week
15 answers
200 views
Consumption expenditures on goods and services=$1,500
Total government spending on goods and services=590 Gross private
7 answers
206 views
Consumption expenditures on goods and services
$1,500 Total government spending on goods and services 590 Gross private
3 answers
181 views
Total population=745000
Working age population=550000 Number employed=361000 Number of unemployed=19000 a. Using the above table,
3 answers
161 views
40) Suppose 2010 is the base year. From 2010 to 2018, the price index increases from 100 to 102.5. If nominal Gross Domestic
1 answer
184 views
Consumption expenditures on goods and service=$1,500
Total government spending on goods and services=590 Gross private
7 answers
222 views
Gross Domestic Product (GDP) = $13.0 trillion, consumption = $9.5 trillion, depreciation = $1.8 trillion, other business income
3 answers
225 views
Net Interest=$739
Net US Income Earned Abroad =36 Wages and Salaries=8,735 Rental Income =237 Other Business Income=1202
7 answers
165 views
Suppose that for the economy of Utopia, we have the following information for 2018: consumption expenditures = $5,000; wages =
1 answer
185 views
Total population=745,000
Working age population=550,000 Number employed=361,000 Number unrmployed=19,000 14) Using the above
9 answers
319 views
In a country, the adult population equals 100,000. There are 50,000 people unemployed and 40,000 people are employed. The labor
1 answer
173 views
) By definition, the labor force participation rate is
A) the percentage of institutionalized working-age individuals who are
5 answers
139 views
a. Suppose that the US dollar appreciates.Consider the two effects of a stronger. The aggregate demand curve shift to.
dollar.
5 answers
154 views
a. Suppose that the US dollar appreciates
. Consider the two effects of a stronger dollar. 1.) aggregate demand curve shift
7 answers
164 views
Suppose that the value of the US $ yesterday was $1 = 4 pesos
. Today the exchange rate changed such that $1 = 5 pesos .
7 answers
228 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 pesos
. Today the exchange rate changed such that $1 =
5 answers
192 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 euros
. Today the exchange rate changed such that $1 =
7 answers
201 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 euros
. Today the exchange rate changed such that $1 =
9 answers
181 views
Lower personal tax rates, the aggregate demand curves shift tothe.
3 answers
154 views
The aggregate demand and supply curves. The economy is initially at an equilibrium at E0.
the appropriate shift of the curve that
1 answer
154 views
a change in aggregate demand that leads to an inflationary gap is shift.
1 answer
145 views
Suppose that the real interest rate suddenly declines
for reasons that have nothing to do with the value of the price level. What
1 answer
241 views
In the short run, the equilibrium price level will---and the nation will experience---gap because desired investment---and
3 answers
184 views
Suppose that the real interest rate suddenly increases
for reasons that have nothing to do with the value of the price level.
3 answers
168 views
The current equilibrium price level and output level respectively are: 100 and $9 trillion.
The full employment
1 answer
183 views
An important difference between the Classical Model and the Keynesian Model is that
Part 2 A. prices adjust to bring about
5 answers
228 views
a. The Keynesian model argues that prices are sticky. One reason supporting this argument is that
Part 2 A. nominal wages are
7 answers
201 views
The Keynesian Model of the macroeconomy argues that prices are sticky due to labor contracts and unions.
Part 2 a. The existence
3 answers
180 views
Which of the following is a possible explanation for sticky prices?
Part 2 A. It is illegal for firms to lower prices without
1 answer
189 views
According to the classical model, if the economy starts at full employment an increase in aggregate demand will cause all of
1 answer
238 views
The level of employment in an economy determines its real GDP.
A. False B. True
9 answers
105 views
The classical economists believed that the leakage of saving would be matched by the injection of business investment.
A. False
3 answers
166 views
Which of the following is not one of the four major assumptions of the classical model?
A. People suffer from money illusion.
1 answer
220 views
Say's law asserts that
A. permanent surpluses are normal occurrences in a market economy. B. permanent shortages are normal
1 answer
169 views
In the Classical Model, an increase
in aggregate demand will result in A. a decrease in both the price level and output. B. a
3 answers
210 views
The classical model assumes that wages and prices
A. are flexible in the long run but not in the short run. B. are always
3 answers
236 views
Classical economists thought that
A. flexible wages and prices were the principal causes of recessions. B. price, wage, and
1 answer
141 views
According to classical economists, aggregate demand primarily determines
A. the price level. B. total production in the
3 answers
251 views
According to the classical model, if an excess quantity of labor is supplied at a particular wage level, full employment
1 answer
156 views
The aggregate supply curve implied by the classical model is ---so that a reduction in aggregate demand will mean a lower
3 answers
224 views
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